Today's Market View - Grains and Meats

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TFC Commodity Trading Forum

Today's Market View Corn Futures Expected to Open 14 to 5 Higher as of 7:15 a.m. CDT
27 minutes ago

Corn: The divergence between new-crop buying and old-crop selling continues. Weather issues should continue to spark commercial buying in new crop.

Soybeans: Increased commercial selling has been noted in the old-crop market as traders account for the switch in global demand from U.S. supplies to South American.

Wheat: Strong buying from both sides has all three wheat markets on the run, particularly the weather-driven Kansas City HRW and Minneapolis HRS.

Live Cattle: Unlike other ag markets, cotton has been struggling lately with strong selling coming from both sides of the market.

Cotton: The resurgent DJIA combined with continued commercial buying in the deferred contracts has the rally in the cattle market gaining momentum.

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